MINNEAPOLIS, MN – June 6, 2024 – Lendway, Inc. (NASDAQ:LDWY) (“Lendway”), a leading specialty ag and finance company (www.lendway.com), today announced the appointment of William (Bill) Prescott as Sales Manager for its primary business unit, Fresh Tulips USA LLC, “Bloomia.” In this role, he will be responsible for expanding the Bloomia sales footprint.

“We are thrilled to welcome Bill to the Bloomin team” said Werner Jansen, CEO of Bloomia. “Bill brings a wealth of knowledge about the Western United States market, which is a market we are strongly interested in growing into. His experience will help us greatly in our efforts to move into this new market.”

Most recently, Mr. Prescott was Director of Sales and Marketing at Sun Valley Floral Farms, where he served many large supermarket customers. Mr. Prescott has over fifteen years of sales and marketing experience.

“I am excited to join the Bloomia team” said Mr. Prescott. “Bloomia’s reputation in the market is top notch. Bloomia is known for its high quality tulips and great service and I look forward to bringing Bloomia tulips to the Western United States.

About Bloomia
Bloomia (www.bloomia.com) is one of the largest producers of fresh cut tulips in the United States. Bloomia ships more than 90 million tulips a year to retail stores located throughout the United Sates. Bloomia is also a proud member of the Fair Food Program, ensuring workers fair wages and working conditions.

About Lendway, Inc.
Lendway, Inc (NASDAQ:LDWY) is a specialty ag and finance company focused on making and managing its ag investments in the U.S. and internationally. Lendway fully owns and operates FarmlandCredit.com, a non-bank lending business that seeks to purchase existing loans and/or originate and fund new loans domestically. Lendway is also the majority owner of Bloomia, one of the largest producers of fresh cut tulips in the United States. For additional information, contact (800) 874-4648, or visit our website at www.lendway.com. Investor inquiries can be submitted to info@lendway.com

Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995
Statements in this press release that are not statements of historical or current facts are considered forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The words “anticipate,” “continue,” “expect,” “seek,” “will” and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these or any forward-looking statements, which speak only as of the date of this press release. These forward-looking statements are based on current information, which we have assessed and which by its nature is dynamic and subject to rapid and even abrupt changes. Forward-looking statements involve known and unknown risks, uncertainties and other factors, including those set forth in our Annual Report on Form 10-K for the year ended December 31, 2023 and additional risks, identified in our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K filed with the SEC. Such forward-looking statements should be read in conjunction with Lendway’s filings with the SEC. Lendway assumes no responsibility to update the forward-looking statements contained in this press release or the reasons why actual results would differ from those anticipated in any such forward-looking statement, other than as required by law.

Lendway, Inc.
Randy Uglem, CEO
(763) 392-6200